Alert for not submit AI generated answer. I need unique and correct answer. Don't try to copy from anywhere. Do not give answer in image and hand writing The Central Division for Chemical Company has a return on investment of 23% and an investment turnover of 1.93. The profit margin (roundto two decimal places) isO a. 9.53%b. 14.30%O c. 17.88%Od 11.92 %

RETURN ON INVESTMENTReturn on investment is one of the profitability ratios which shows how much…

The Central Division for Chemical Company has a return on investment of 23% and an investment turnover of 1.93. The profit margin (round to two decimal places) is O a. 9.53% b. 14.30 % Oc. 17.88% O d. 11.92 %

The Central Division for Chemical Company has a return on investment of 23% and an investment turnover of 1.93. The profit margin (round to two decimal places) is O a. 9.53% b. 14.30 % Oc. 17.88% O d. 11.92 %

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Alert for not submit AI generated answer. I need unique and correct answer. Don't try to copy from anywhere. Do not give answer in image and hand writing

The Central Division for Chemical Company has a return on investment of 23% and an investment turnover of 1.93. The profit margin (round
to two decimal places) is
O a. 9.53%
b. 14.30%
O c. 17.88%
Od 11.92 %

Definition Definition Structural system an enterprise uses to collect, store, report, retrieve, and process financial data. Accounting information systems are used by business analysts, auditors, accountants, and consultants for accurate and efficient access to financial data.

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